Woman refuses another offer from golf course for modest home that would make her instant millionaire

A 92-year-old widow has turned down yet another offer to sell her modest three-bedroom home, despite the fact it would make her a millionaire.

Elizabeth Thacker, built her home at 1112 Stanley Drive in Augusta, Georgia with her late husband Herman back in 1959.

While the humble property itself is only estimated to be worth around $330,000 (£265,000), it's location is pretty special.

A 92-year-old woman is refusing to sell her home, despite the fact it would make her a millionaire (Google Maps)

Thacker's home sits just a stone's throw away from the famed Masters golf course, Augusta National.

Over the past six decades, the Augusta National Golf Club has bought up some 270 acres surrounding the seminal course, but Thacker and her family are refusing to budge, despite being offer a seven-figure sum to do so.

Now, the unassuming bungalow remains the sole standout across from Gate 6-A of the famous golf course.

In a recent interview with Fox Business, Thacker's daughter, Robin Thacker Rinder proclaimed her family's unwavering determination to stay.

"Yes, we still own it, and, yes, mom still lives there," she said.

The humble home is just a stone's throw away from the home of the Masters, Augusta National Golf Club. (Google Maps)

She also told the platform that reps from Augusta National visit the property every so often to express their interest in buying it.

But, Rinder said that she and her mum still have no intention of selling.

Her response echoes that of her late father when he was asked the same question back in 2016.

"[An official from the course] comes by here every so often, and he'll say: 'Just want to let you know we're still interested in your property.'

"And we'll tell them the same thing again.

"Money ain't everything," Herman told NJ.com.

The avid golf fan passed away just three years later, aged 86.

The humble Stanley Drive home is now a legacy to his memory and one of the last-standing obstacles for August National.

The golf club regularly expresses its interest in the property, but Elizabeth Thacker refuses to sell. (Facebook)

The Wall Street Journal previously calculated that the golf club has spent about $200 million (£160 million) purchasing more than 100 properties across 270 acres of land since 1999, increasing its total land size by 75 percent.

"They’ve made quite a few homeowners millionaires," said Augusta realtor Venus Griffin of the phenomenon that's seen an entire neighbourhood bought up and bulldozed over the years.

But, the Thacker family - who sold another of their properties in the area for $1.2 million (£964,000) and saw it razed to the ground within a week - are staying put, for now at least.

"We really don't want to go."